Prepared yearly, and approved by the assembly, the budget includes the Borough's annual spending plan. It is prepared in the begining of the year and is usually brought to the Assembly around April. The budget goes into effect at the begining of the Borough's Financial year, on July 1.
The budget is a plan, it represents what we expect to spend. Operational changes throughout the year, emergencies, and other event change how we actually spend money. If you want to see that, you should see the CAFR. It details what is spent and follows the close of the yearly budget by about 6 months.
The proposed budget, and previous budgets back to 2007 may be downloaded on the Budget Page.